$480,000
SOLD FEB 11, 2025

636 Franklin Estates Petoskey, MI 49770

3 Beds
2.5 Baths
1,575 Sq Ft
1.67 Acres

Recently Sold

$305 Per Sq Ft

4% Below List Price

82 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Snowmobile Trail
  • Wood Flooring
  • First Floor Utility Room
  • Thermal Windows

About This Home

As of February 2025

Welcome to 636 Franklin Estates Drive in Petoskey, a beautifully crafted home built in 2022, set in a peaceful and private wooded location. The home sits on two lots totaling 1.7 acres, providing privacy and endless possibilities. The second lot, which has its own street address, is fully wooded and provides space for a future outbuilding, garden, or quiet retreat. Inside, you'll find high-end finishes and thoughtful design. The home features 9-foot ceilings and durable Core-tec vinyl flooring throughout. The living area is enhanced by a newly installed electric fireplace with space behind it for a gas log conversion if desired. The custom-ordered wood stair treads bring an element of refined craftsmanship to the home. The chef's kitchen stands out with Corian countertops, a large pantry, and plenty of cabinet space. The oversized master suite includes a huge walk-in closet, while the master bath features a tiled shower with glass doors for a spa-like experience. For additional storage, the home offers a conditioned 5-block crawl space, a heated and conditioned attic, and ample room for seasonal items. Outside, a large wrap-around covered front porch is perfect for relaxing, while a newly built 700 sq ft deck at the back of the house is ideal for entertaining or enjoying the tranquil wooded surroundings. Additional features include a new A.O. Smith water softener system with UV light. The decorative carport is on a full foundation and can be converted into an attached garage or additional living space. A large custom built shed with cement board siding to match the house provides additional storage space. Only 3 miles to Pickerel Lake public access connected to the Inland Waterway and close proximity to local trails and ski areas. Located just a short drive from downtown Petoskey and Harbor Springs. Schedule a showing today to experience all this remarkable property has to offer!

Last Agent to Sell the Property

William Winslow

Coldwell Banker Schmidt- Harbor Springs Listed on: 11/21/2024

Coldwell Banker Schmidt- Harbor Springs

Last Buyer's Agent

Elton Laura

Keller Williams Northern Michigan Horizon

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022

Lot Details

  • 1.67 Acre Lot
  • Property is zoned EC FF-2

HOA Fees

  • $57 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,575 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Car Garage
  • Attached Carport

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 14-17-33-451-109 & -110

Community Details

Overview

  • Franklines Association

Recreation

  • Snowmobile Trail

Home Details

Home Type

Single Family

Year Built

Built in 2022

Lot Details

0

HOA Fees

$57 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2022
  • Lvt Date: 11/21/2024
  • Section: 33
  • Second Address Number: 636
  • Directions: US-31 to Pickerel Lake Road. East on Pickerel Lake Road. Turn Right to stay on Pickerel Lake Road. Turn Left to stay on Pickerel Lake Road. Left on Franklin Estates Drive. Property on Right.
  • OFFICELIST_STATE: MI
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2022

Interior Features

  • Features: Built In Microwave, Ceiling Fans, Deck, Dishwasher, Dryer, Range, Refrigerator, Washer, Wood Floors, Near Snowmobile Trails
  • Total Finished Sq Ft: 1575
  • Master Bedroom: Dimensions: 13.8 x 13.7, On Level: Main
  • Bedroom 2: Dimensions: 11.2 x 13, On Level: Upper
  • Bedroom 3: Dimensions: 9.5 x 12.9, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Basement: Crawl, Block
  • Dining Room: Dimensions: 11 x 14.10, On Level: Main
  • Kitchen: Dimensions: 9.1 x 14.4, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 14.1 x 14.6, On Level: Main
  • Above Grade Finished Sq Ft: 1575
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 10.1 x 11.3, On Level: Upper
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated, Vinyl, Double, Low E

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Carport-Attached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas, Forced Air, Electric
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric, 60 Gal

Condo/Co-op/Association

  • Association: FranklinEs
  • Association: Yes
  • Fees: 682

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 1.67
  • Zoning: EC FF-2

Tax Info

  • Assessor Parcel Number: 14-17-33-451-109 & -110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Feb 12, 2025
Sold by
Spallinger Shawn D and Gilbert-Spallinger Anna M
Bought by
Williams Monica
Seller's Agent
William Winslow
Coldwell Banker Schmidt- Harbor Springs
Buyer's Agent
Elton Laura
Keller Williams Northern Michigan Horizon
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Views
244
Current Estimated Value
$474,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,867
Avg. Annual Appreciation
-1.36%
Original Mortgage
$215,000
Outstanding Balance
$213,572
Interest Rate
7.04%
Estimated Equity
$260,561

Purchase Details

Closed on
Jan 25, 2021
Sold by
Wolf Julie A
Bought by
Spallinger Shawn D and Gilbert-Soallin Anna M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $7,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2025 02/11/25 Sold $480,000 -3.8% $305 / Sq Ft
11/21/2024 11/21/24 For Sale $499,000 -- $317 / Sq Ft
Source: Northern Michigan MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,466 $177,700 $177,700 $0
2024 $3,466 $164,300 $164,300 $0
2023 $1,258 $129,500 $129,500 $0
2022 $1,258 $47,200 $47,200 $0
2021 $148 $3,300 $3,300 $0
2020 $147 $3,300 $3,300 $0
2019 -- $4,000 $4,000 $0
2018 -- $4,300 $4,300 $0
2017 -- $4,500 $4,500 $0
2016 -- $5,000 $5,000 $0
2015 -- $5,000 $0 $0
2014 -- $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 475395

Northern Michigan MLS

APN: 14-17-33-451-110